Indoor Air Purification Market Expected to Reach US ~$38.21 billion and CAGR 5.6% by 2028 – Polaris Market Research

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The global Indoor Air Purification Market size is expected to reach USD 38.21 billion by 2028 according to a new study by Polaris Market Research.

The increasing incidence of various infectious pathogens, along with surging coronavirus cases, will be the key factor for the growth of the global market during the forecast period. Increasing levels of toxic substances in the environment as a consequence of the rising prevalence of industrialization and motorization in urban areas increased health awareness, and a rise in disposable income are other factors expected to drive the industry’s development.

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The emergence of a new coronavirus has sparked widespread concern about the spread of highly infectious diseases worldwide. Several market players have embraced different innovations and launched novel products to combat the pandemic, potentially reducing virus transmission. With over 150 million cases observed worldwide, COVID-19 has a significant impact on the world. The rising cases of COVID-19 would drive a substantial increase in the use of purifiers across the globe.

Key companies operating in the market are introducing innovative products in the market to maintain a competitive edge. For instance, In March 2021, QNET introduced a next-generation air purifier, “SmartAir,” in partnership with Sharp Business. Sharp’s proprietary Plasmacluster Ion Technology (PCI) is used in the recent SHARP-QNET SmartAir, which has been shown to destroy SARS-CoV-2 by 91.3% in 30 seconds. In April 2021, IKEA launches the first-ever three-in-one air purifier, Quillow, an affordable option for indoor air cleaning.

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Market Participants include Abatement Technologies, 3M Purification Inc., Honeywell International Inc., AllerAir Industries Inc., Blueair, Inc., Sharp Corporation, Aprilaire, Lifewell Environment Technology Co. Ltd, Clarcor, Inc., Daikin Industries, Ltd., Halton Group, Trane Inc., Electrocorp and Lennox International Inc., and Industrial Air Solutions Inc. are key players operating in the global market.

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Polaris Market Research has segmented the indoor air purification market report on the basis of product, technology, application, and region:

Indoor Air Purification, Product Outlook (Revenue – USD Million, 2016–2028)

  • Dust collectors & vacuums
  • Fume & smoke collectors
  • Mist eliminators
  • Fire & emergency exhaust
  • Others

Indoor Air Purification, Technology Outlook (Revenue – USD Million, 2016–2028)

  • High-Efficiency Particulate Arrestance (HEPA)
  • Electrostatic precipitators
  • Activated carbon
  • Ionic filters
  • Others

Indoor Air Purification, Application Outlook (Revenue – USD Million, 2016 – 2028)

  • Industrial
  • Commercial
  • Residential

Browse detailed report with in-depth TOC – Indoor Air Purification Market

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